Your business model is on the path for success.... most O/O don’t know how to separate money and live below their means.
1. Why don’t you model the trucking companies? 2. You have to separate funds as a true business. If you can’t do that, you won’t survive. Ex.......
Lease payments get full deduction at tax time.... I don’t see the issues if someone wants to go that route.
#### I’m sorry....
Presidents don’t make the rules they just appoint them, Thank Congress
Your giving me your success story and it wasn’t even about you... I don’t need help from you when your giving numbers for YOU.... this thread is...
Good thing you can’t read..... OP (original poster) paying $600-800 per week. That lease payment will have you chasing miles not money... that’s...
It’s business deductible if you use the truck for business. Doesn’t matter who owns it.
But from OP deductions you can’t make money, only RR is making the the money. Don’t chase miles chase money...
Dang this took a dive before I could ask @Bakerman why is the N14 a better engine. I’m still learning and from CA so these emission rules have me...
Never believe what people say but believe what they actually do! Always remember you can’t compare their bragging of good money to your life and...
Not my advice but an avid trucker lives by this “Don’t chase miles, chase the money”.... Always number crunch before saying yes.
The money doesn’t trickle down to the driver, it stops in the middle. Know your numbers and you’ll figure out you can’t sustain a business on BS...
Keep that up for another 5 years you will be in the right place to build a family business or just a family.
Eye candy
This is the best advice
You jumped in the pool head first and along the way you realized there’s a water shortage... wish you the best but due diligence is the path to...
Companies obviously got smarter than drivers in a business way.
401k is a working mans myth...get rid of that 401k because I believe you can yield more money investing in a truck with some self discipline and...
That’s purely a figurative opinion!